Never Lose Again

[TheRumpledOne]

TRO_TradeLines



Are you IMPATIENT?

Do you find yourself SHORT when you should be LONG?

Do you find yourself LONG when you should be SHORT?

TRO_TradeLines may be the ANSWER!

TRO_TradeLines displays lines 25, 50, 75 and 100 pips ( user input can be changed ) from the lastest highest high or lowest low.

DO NOT EVEN THINK ABOUT ENTERING AGAINST THE COLOR OF THE LINES UNLESS ALL LINES HAVE BEEN CROSSED.

[TheRumpledOne]

See how it makes you WAIT!!

[Pipsun]

and the always trade with the H1 still applies? probably.....

[TheRumpledOne]

Worth waiting!

[TheRumpledOne]

But you must take it or the market will take it back and then some!!

[razorboy]

Just so I am on the same page

it looks like it plot lines at 0, 25, 50, 75 and 100

This tool plots the price, in this case as the trend falls from a recent high to a new low. Once it get past these and all of the prices are displayed, in red as the price falls, trade with the color of the H1 candle,

correct?

See how it makes you WAIT!!

[TheRumpledOne]

NO. The SweetSpotsGold indicator plots at 00,25,50 and 75.

TRO TradeLines is plotting the lines with the RED BOXES.

[razorboy]

I just installed these (i uploaded the pic)

Set the look back period to 21. Not sure if I did something wrong. Take a look at the pic.


Looking at TRO's charts - not mine here, i see the following

I assume that the idea here is to trade the current bar in the with the color of the numbers (numbers are red, so you only go short) "
DO NOT EVEN THINK ABOUT ENTERING AGAINST THE COLOR OF THE LINES UNLESS ALL LINES HAVE BEEN CROSSED."


Then the trend changed and the numbers went green, H1 went green, a new candle started, and it was time to go long.

then, as time progressed, the current candle dropped and turned red.

Obviously, the trend changed, the question is how would i have know whether and where I should or should not have gone long on this candle in this situation. Just looking at the candles themselves, without the TRO trend line, I would have probably not picked that candle to go long on as it opened above the close of the previous one, to me and indication that the trend was continuing. Although on your charts there are about 20 minutes between the time the candle was green and when it was red, that flip can happen pretty fast

Josh

[Shane]

I just installed these (i uploaded the pic)

Set the look back period to 21. Not sure if I did something wrong. Take a look at the pic.


Looking at TRO's charts - not mine here, i see the following

I assume that the idea here is to trade the current bar in the with the color of the numbers (numbers are red, so you only go short) "
DO NOT EVEN THINK ABOUT ENTERING AGAINST THE COLOR OF THE LINES UNLESS ALL LINES HAVE BEEN CROSSED."


Then the trend changed and the numbers went green, H1 went green, a new candle started, and it was time to go long.

then, as time progressed, the current candle dropped and turned red.

Obviously, the trend changed, the question is how would i have know whether and where I should or should not have gone long on this candle in this situation. Just looking at the candles themselves, without the TRO trend line, I would have probably not picked that candle to go long on as it opened above the close of the previous one, to me and indication that the trend was continuing. Although on your charts there are about 20 minutes between the time the candle was green and when it was red, that flip can happen pretty fast

Josh

Hey Josh,

You have an extra digit in your prices. Just tack an extra zero on the end of the "myPips" input in the indicator properties box.

Looks like there are more and more brokers starting to use "pipettes" (i.e. 1/10th of a pip). Its a royal pain in the *** when you want to use indicators designed on the regular pip-standard platforms.

[razorboy]

much thanks...worked......now to figure out how to use it...